Qeqertalik Business Council A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Qeqertalik Business Council A/S
Qeqertalik Business Council A/S (CVR number: 42041149) is a company from QEQERTALIK. The company reported a net sales of 3.9 mDKK in 2024, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 0.4 mDKK), while net earnings were 367.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Qeqertalik Business Council A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 3 437.50 | 3 806.25 | 3 863.35 | 3 921.30 |
Gross profit | 1 792.65 | 2 244.32 | 2 343.61 | 2 479.32 |
EBIT | 326.10 | 173.39 | 445.99 | 448.61 |
Net earnings | 217.32 | 122.90 | 362.81 | 367.28 |
Shareholders equity total | 717.32 | 840.22 | 1 203.03 | 1 570.32 |
Balance sheet total (assets) | 1 525.63 | 1 368.79 | 1 808.16 | 6 082.75 |
Net debt | - 921.44 | -1 136.71 | -1 653.41 | -5 545.41 |
Profitability | ||||
EBIT-% | 9.5 % | 4.6 % | 11.5 % | 11.4 % |
ROA | 21.4 % | 12.0 % | 30.5 % | 12.4 % |
ROE | 30.3 % | 15.8 % | 35.5 % | 26.5 % |
ROI | 31.3 % | 18.3 % | 47.0 % | 34.8 % |
Economic value added (EVA) | 230.23 | 75.94 | 291.55 | 275.69 |
Solvency | ||||
Equity ratio | 47.0 % | 61.4 % | 66.5 % | 25.8 % |
Gearing | 43.6 % | |||
Relative net indebtedness % | -12.8 % | -16.4 % | -27.3 % | -27.2 % |
Liquidity | ||||
Quick ratio | 1.6 | 2.3 | 2.8 | 1.2 |
Current ratio | 1.6 | 2.3 | 2.8 | 1.2 |
Cash and cash equivalents | 1 233.94 | 1 136.71 | 1 653.41 | 5 545.41 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 0.8 | 0.4 | 0.2 | |
Net working capital % | 13.2 % | 17.0 % | 27.6 % | 27.6 % |
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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